Quote from: SamReomo on Today at 09:40:05 AM

Quote from: MarvinHagler on June 18, 2024, 06:42:47 AM

Does your country tax gambling winnings and if so do you declare it yourself or does the gambling operator withhold the taxes on your behalf?

I have never paid any taxes so far in online crypto casinos and I'm not even sure that are there any taxes on gambling income in the place where I live.

I believe in my place gambling isn't even considered legal or illegal and that's why there are no tax or other laws about it.

I hope that it should be similar in future so we as residents of the place can enjoy sometime with gambling and not pay taxes if we win the bets.

If you are gambling in local casinos, the casinos operating are likely paying taxes, which means they are registered as a business and gambling is legal in your country. Taxing gamblers and taxing casinos are two different things. Only a few countries tax gamblers on their winnings, but all countries that have legalized gambling require the casinos to pay taxes.

I also live in a country where winnings from gambling are not taxed, or maybe it's not enforced, but I'm pretty much aware that the casinos operating here are paying the required taxes. Another thing to note is that if we are gambling online at casinos not operating in our jurisdiction, we can't be taxed on that either.